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Lululemon Board Asks Del. High Court To Uphold Dismissal

By Vince Sullivan (October 3, 2016, 3:58 PM EDT) -- The board of directors of fitness clothing maker Lululemon told the Delaware Supreme Court on Friday that a lower court dismissal of a derivative action should be upheld because the suing shareholders did not make a demand for litigation to the board, the same reason a New York derivative suit was dismissed....

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